325 Old Egg Hbr Rd Berlin, NJ 08091
- Commercial real estate
- 5.70 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 325 Old Egg Hbr Rd
- Year built
- 1970
- Lot size
- 5.70 lot acres
- Property type
- Commercial real estate
Description
This exceptional 5.7-acre parcel of land presents a compelling investment opportunity in Berlin, New Jersey. Ideally situated, the property boasts a Light Industrial (L-1) zoning classification, allowing for a wide range of commercial and service businesses permitted within a C-1 Commercial Zone. The versatility of this zoning makes it suitable for various entrepreneurial endeavors. Detailed tax maps and zoning information for L-1 are readily available upon request. The property's convenient location offers excellent accessibility and visibility, making it an attractive proposition for businesses seeking a strategic foothold in the area. This is a rare opportunity to acquire a substantial land holding in a thriving commercial area. For a full-price offer of $219,900 with a 50% down payment, the seller is offering attractive financing terms. This includes a seller-held mortgage for 50% of the purchase price, spread over a 10-year term at a 5% annual interest rate. This financing option significantly reduces the initial capital outlay, making this property accessible to a wider range of potential buyers. Don't miss this chance to secure this valuable asset in a prime location. Contact us today to learn more and schedule a viewing.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Berlin
- County
- Camden
- State
- New Jersey
- Longitude
- -74.9554
- Latitude
- 39.8093